Subject(s): Environmental economics -- Environmental policy in Economic aspects -- Sustainable development -- Environmental impact charges -- Environmental policy in Social aspects -- Brief history of economics and environmental policy : Warming tax, Silent spring, Coase's theorem, Equilibrium models -- Market and externalities : Partial equilibrium, Abatement and permit trading, Cost-efficient implementation of emission targets -- Welfare and the environment - general equilibrium models -- Nuclear power, uncertainty and externalities : decentralized economy -- Welfare comparison, public policy and sustainable development : welfare comparison un Brock model, Multi-sector growth model and money metrics welfare measures, Imperfect market and money metric welfare, Genuine saving, uncertainty and natural resources -- Heterogeneity and redistribution : Non-atmospheric consumption externalities, Environmental policy and asymmetric information -- Efficiency, inefficiency and transboundary externalities : Baseline model with two jurisdictions, same tax policy implications, Fiscal federalism approach to environmental policy